Common Room (HDB) for Rent in 922 Tampines Street 91

The valuation of this 2-room HDB flat in Tampines, with a remaining lease of 58 years, stands at an estimated value of $111,188, translating to a price per square foot (PSF) of $691. This valuation reflects a market signal indicating no significant deviation from the baseline, suggesting a stable and balanced market environment for HDB properties in this region. The high model confidence associated with this valuation underscores the reliability of the data, which is derived from an analysis of 27 recent resale transactions within the vicinity.

In the context of Singapore's dynamic real estate landscape, the 58-year lease remaining on this property is a critical factor influencing its valuation. The longevity of the lease term may appeal to potential buyers seeking long-term residential stability, particularly in a well-established town like Tampines known for its accessibility and community amenities. Furthermore, the consistent pricing observed in the local market signals a healthy demand for HDB flats, indicating that buyers are willing to meet the current market price without significant fluctuations. This equilibrium reflects a mature market where supply and demand are effectively balanced, making it an opportune time for investors and homebuyers alike to consider properties in this area.